Stock Market & Financial Investment News

Nvidia June calls activeNvidia June 17, 18 and 19 calls are active on total call volume of 70K contracts (13K puts). February weekly call option implied volatility is at 31, March, April, June and September is at 27; compared to its 26-week average of 29 according to Track Data. Active June call volume suggests traders taking positions for large price movement.

Tesla CEO calls autonomous cars 'solved,' says Tesla will be leader, WSJ saysTesla (TSLA) CEO Elon Musk believes self-driving cars are "a solved problem... we know exactly what to do and we will be there in a few years," reports the Wall Street Journal, citing statements given at the Nvidia (NVDA) graphical processor conference Tuesday. Musk added that "I think [Tesla] will be the leader in autonomous cars that you can actually buy." The Journal notes that Nvidia will make its autonomous car development platform available in May to researchers and car makers. Reference Link

NVIDIA introduces new GPU called Titan X, says Raymond JamesRaymond James said NVIDIA introduced its new GPU called Titan X at the 2015 GPU Technology Conference, with two or three more announcements expected to be made. The firm believes the company's position continues to strengthen as it moves into all segments of computing from smartphones to supercomputers and becomes less tied to consumer PCs. Shares are Strong Buy rated.